Monthly Archives: April 2012

AUD/USD: Aussie weakened on downbeat Chinese imports, trading higher this morning

Posted on April 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.64% against the USD to close at 1.0239, after China, the country’s largest trading partner posted a downbeat imports growth. Chinese imports rose just 5.3% in March, after increasing 39.6% … Continue reading →

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USD/CAD: Loonie fell as risk aversion increased, trading higher in Asian sesssion

Posted on April 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.79% against the CAD to close at 1.0047, as concerns over the outlook for the US economic recovery lingered after Friday’s disappointing US employment data. In the Asian session, at … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on April 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.25% against the CHF and closed at 0.9188. In Switzerland, the unemployment rate fell to 3.2% in March, compared to 3.4% in the previous month. Separately, the acting head of … Continue reading →

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USD/JPY: Yen gained amid BoJ interest rate decision, trading lower in Asian session

Posted on April 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 1.04% against the JPY and closed at 80.72. Yen strengthened against greenback, following Bank of Japan’s (BoJ) decision to keep its key interest rate unchanged in the range of 0.0% … Continue reading →

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GBP/USD: Positive retail sales data in the UK boosts Pound this morning

Posted on April 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.27% against the USD and closed at 1.5859, as ongoing concerns over the debt crisis in the Euro-zone and the outlook for global economic growth dampened demand for riskier assets. In … Continue reading →

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EUR/USD: Euro fell as Spanish yields rose, trading higher this morning

Posted on April 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.3076, as investors became wary about the Spanish economic recovery after reports showed an increase in Spanish borrowing costs. Earlier yesterday, the Spanish … Continue reading →

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Trading signals for Tuesday 10-04-2012

Posted on April 10, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 10-04-2012 11:00 GMT Continue reading →

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Crude Oil: Crude oil rises as China returns to surplus in March

Posted on April 10, 2012 by GCI Financial

  Oil prices advanced 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 102.34. Investors remain cautious ahead of talks taking place in Turkey on April 13 and 14 between Iran and major global powers, including … Continue reading →

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Silver: White metal rises after yesterday’s decline

Posted on April 10, 2012 by GCI Financial

Silver prices declined 0.88% to USD 31.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.92, 0.95% higher from yesterday’s close. Silver is expected to find support at 31.52, and … Continue reading →

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Gold: Gold gains ground on monetary easing hopes

Posted on April 10, 2012 by GCI Financial

  Gold prices traded higher by 0.04% against the USD in the 24 hour period ending 23:00GMT, at 1643.30 per ounce, as Friday’s nonfarm payrolls data revived expectations that the Federal Reserve could introduce new monetary easing measures in the … Continue reading →

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AUD/USD: Chinese trade surplus boosts Aussie

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0305, on speculation that the US Federal Reserve may add stimulus after a report on Friday showed that US employers added fewer jobs … Continue reading →

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